You are viewing a single comment's thread from:RE: Do not buy GBTCView the full contextcryptoeagle (65)in #stocks • 7 years ago (edited)Also, what happens if the Coin ETF is approved in the US? GBTC would crash hard short term. regards
Yep, I think so as well. A 50% haircut is likely in the cards for this one in the near future...
Still, for people with a strong hand, thinking of the long term, it still is a good option as long as they don't panic sell in the next drop. This is why I say so:
https://steemit.com/bitcoin/@cryptoeagle/cryptocurrency-wallet-users-vs-facebook-users-where-are-we-now-making-the-case-for-the-million-dollar-coin